Welcome to Eastwood! This 15.2 m x 45.7 m (50 feet frontage by 150 feet deep) lot has a Tenant occupied as is where is house, generating potential rental income until redevelopment! Including two single-family homes, each side featuring a legal suite in the basement and a potential garage suite on top. Each side would offer three rental units, totaling six. Or build a four-plex on the lot, with four legal basement suites and four garages in the rear. This option allows up to 8 units, maximizing the investment! Conveniently close to amenities, transportation, shopping centers, and entertainment! Easy access to downtown Edmonton, Kingsway Garden Mall, Yellowhead Trail, and the NE quadrant of the city. This property is perfect for investors looking to build and maximize rental income or develop into a multi-family property close to Edmonton's core.
Address
12036 86 ST S NW
List Price
$278,800
Property Type
Single Family
Type of Dwelling
Vacant Lot/Land
Area
Edmonton
Sub-Area
Eastwood
Lot Size
7497.82 Sq. Ft.
MLS® Number
E4413964
Listing Brokerage
Royal Lepage Magna
Postal Code
T5B 3K4
Site Influences
Flat Site, Park/Reserve, Playground Nearby, Public Transportation, Schools, Shopping Nearby